N26 eyes more fundraising before IPO in 2023

German fintech N26, valued at $3.6 billion in its May fundraising, is targeting breaking even on an operating level by end-2021 and is eying at least one more financing round before going public in 2023 at the earliest, its founder and Chief Executive said.

“If we list on the stock exhange in three years that would be fast,” Valentin Stalf told Reuters, adding that conditions for raising cash from private investors remained attractive.

Read more: Reuters